Posco International (XKRX:047050) Interest Expense : ₩-277,633 Mil (TTM As of Mar. 2024)

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What is Posco International Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Posco International's interest expense for the three months ended in Mar. 2024 was ₩ -62,053 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₩-277,633 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. Posco International's Operating Income for the three months ended in Mar. 2024 was ₩ 265,383 Mil. Posco International's Interest Expense for the three months ended in Mar. 2024 was ₩ -62,053 Mil. Posco International's Interest Coverage for the quarter that ended in Mar. 2024 was 4.28. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Posco International Interest Expense Historical Data

The historical data trend for Posco International's Interest Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Posco International Interest Expense Chart

Posco International Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-141,244.00

-98,489.00

-82,451.00

-145,707.00

-282,071.00

Posco International Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Interest Expense	Get a 7-Day Free Trial															-66,491.00	-70,114.00	-72,705.00	-72,761.00	-62,053.00

Posco International Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₩-277,633 Mil.

Posco International (XKRX:047050) Interest Expense Explanation

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Posco International's Interest Expense for the three months ended in Mar. 2024 was ₩-62,053 Mil. Its Operating Income for the three months ended in Mar. 2024 was ₩265,383 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ₩2,969,269 Mil.

Posco International's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Mar. 2024 )	/	Interest Expense (Q: Mar. 2024 )
	=	-1	*	265382.849	/	-62053
	=	4.28

The higher the ratio, the stronger the company's financial strength is.

Posco International (XKRX:047050) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Distribution » Posco International Corp (XKRX:047050) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

165, Convensia-daero, Yeonsu-gu, Incheon, KOR, 21998

Website

http://www.poscointl.com

Posco International Corp is engaged in the trading of various products across globe. The company provides steel products, automobiles and components, machinery and industrial electronics, petrochemicals, non- ferrous metals, food resources, commodity and textile among others.

Posco International (XKRX:047050) Headlines

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